Relevant:
- Housing values push Americans' total wealth to record $88T
- Record "Wealth" in America Comes With a Litany of "Funny" Companion Statistics
- St. Louis Fed: Household Net Worth Still Hard Hit by Crisis
- The ‘ownership society' came and went -- a long time ago
- Disappearing now: $6 trillion in housing wealth
2016-03-11 — bloomberg.com
...
For all the gains, the recovery in home equity has been uneven and narrower than in the 2002-2006 housing boom, said William Emmons, senior economic adviser at the St Louis Fed's Center for Household Financial Stability.
...
"The wealth from housing has shifted from a broad swath to more concentration among families who are older, better educated, higher income, white and increasingly Asian, and who live more along the coastal areas," Emmons said.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.